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Wilmar Electrical Limited

09657710

active - proposal to strike off
Private Limited Company
Companies House
Health Score
N/A

Details

113 WHITAKER ROAD, DERBY, DE23 6AQ
Incorporated 25/06/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

Mr Balbir Singh Samra

director · Since 25/06/2015

ELECTRICAL CONTRACTOR

BRITISH · ENGLAND · Age 68

Also on 6 other boards

Persons with Significant Control

Mr Balbir Singh Samra

75–100% shares
75–100% votes
Appoint directors

British · England · Age 68

113, Whitaker Road, Derby, DE23 6AQ

Notified 06/04/2016

CompanyRankvs 36414+ SIC 43210 peers
27

Financial strength6th percentile among SIC peers · 2/25
Employees22th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.71× · 6/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength2/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees3/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity11/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

monitor the impact on the business on an ongoing basis. At the time of approving these financial statements, the director do not consider COVID-19 to impact the company's ability to continue as a going concern and considers the balance sheet to be appropriately valued. The director note this is a non-adjusting post balance sheet event. 1.3 Turnover Turnover is recognised at the fair value of the c

Key FinancialsYear ending 31/03/2022

Net Worth

-£10k

Balance sheet strength

Cash

£4k

Cash in the bank

Net Current Assets

-£6k

Working capital

Current Assets

£14k

Current Liabilities

£20k

Fixed Assets

£3k

Debtors

£8k

1avg. employees

Balance Sheet

Assets less current liabilities-£3k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20220.71-£6k
20211.09
20200.53
20190.48

Derived from filed accounts. Not audited figures.